ENEOS, a major oil wholesaler, announced that it will acquire a major renewable energy company for about 200 billion yen.
The aim is to secure a new source of revenue in the decarbonized era.
According to the announcement, ENEOS will acquire all shares of renewable energy giant "Japan Renewable Energy" from American financial giant Goldman Sachs for about 200 billion yen, and will be a wholly owned subsidiary by the end of January next year. To be.
"Japan Renewable Energy" is engaged in power plants for solar and wind power plants in Japan and Taiwan.
With this acquisition, the company's overall renewable energy generation capacity is expected to exceed 1.2 million kW.
With the global decarbonization era, it is becoming difficult for investment to gather in the development of fossil fuels such as petroleum, and the company aims to secure a new source of income by putting a renewable energy company under its umbrella.
Keitaro Inoue, Managing Executive Officer of ENEOS, said at a press conference, "In the medium to long term, we would like to build a system that can stably supply electricity generated by renewable energy using storage batteries."